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from washington with all of those details. tracie, good morning to you. >> reporter: hi, lynn. good morning, everyone. as we track negotiations over the next few weeks, keep in mind that the key sticking point seems to be how do you get people who earn over $250,000 to contribute more? limit their deductions? close loopholes? or raise their tax rates? today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that brudens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions that t
house says the focus on rice is about washington politics. >> people are more interested in talking points from a sunday show than they are about finding out what happened in benghazi. >> reporter: that attack now a front line for a political battle on capitol hill. brian mooar, nbc news, washington. >>> elsewhere, the tampa socialite caught up in the scandal involving david petraeus is going on the offensive. after two weeks of silence, kelley's lawyer has released e-mails designed to prove she never acted inappropriately. one letter demands to know who in the government leaked kelley's name to the media after she received e-mail from paula broadwell. meantime the investigation into e-mails between kelley and general john allen has been narrowed down to between 60 and 70 messages that according to a defense official, quote, bear a fair amount of scrutiny. >>> on a much lighter night, tonight is the night when someone could win the largest power ball jackpot in history. it's $500 million and counting. lottery officials say with brisk sales, the estimated jackpot could rise again bef
have set backs when it keeping waterways confined. a washington community was flooded after a beaver dam gave way. a deluge of water caused road closures and damage to at least one home. the homeowner had complained about the dam to county officials before it ruptured. and was told the army corps of engineers had been notified. >>> now let's get to your money. stocks edged higher monday. looking back the dow gained 3.3% on election day 2008. another note, historically the dow and the s&p have both performed about 30% better under democratic ppts than republicans. a federal judge threw out a patent suit hours before trial. tesla jumped 9% as it ramps you have production of the sedans. american suzuki filed for chapter 11 bankruptcy. nike is reportedly in final talks to sell its shoe brand to a private equity firm for $500 million. phillips 66 has a major gas refinery will remain idle for two to three weeks for sandy-related repairs. >>> good news. whole frozen turkeys cost only about five cents more than two years ago. anheuser-busch is asking paramount to remove the bud logo of the m
Search Results 0 to 3 of about 4 (some duplicates have been removed)